World Footwear

News

Fimec ends on a positive note

Mar 21, 2024 / Brazil
The latest edition of the Brazilian trade fair Fimec attracted around 20 000 visitors interested in innovative solutions for hides and leather, chemicals, components, machinery and technology

Arezzo reports strong year 2023

Mar 21, 2024 / Brazil
The Brazilian footwear and accessories group has reported “record” gross revenues in 2023. This leaves it in a strong position ahead of its merger with fashion group Soma

Uncertainty for Ted Baker as UK and European arm goes into administration

Mar 20, 2024 / United Kingdom
The British fashion retailer is planning to appoint administrators, a spokesman for owner Authentic Brands Group confirmed on Tuesday. Hundreds of jobs are expected to be at risk

Yue Yuen reports a decline in full year revenue and profit

Mar 20, 2024 / Hong Kong
In line with its previous quarterly results, the Hong Kong-based footwear manufacturer reported a 12% year-over-year decline in revenue and a 7.3% year-over-year drop in profits in 2023

Kering warns of a 20% slump in Gucci sales for the first quarter

Mar 20, 2024 / France
The French-based luxury group has issued a preliminary statement for the first quarter, warning of a 10% drop in sales, led by its star house Gucci

Portuguese footwear components focus on sustainability

Mar 19, 2024 / Portugal
Under the Bioshoes4All project, the Portuguese footwear components industry is investing heavily in the development of a new generation of sustainable products. Meet some of them

Futurmoda attracts around 5 000 attendees

Mar 19, 2024 / Spain
The 51st edition of the International Exhibition of Leather, Components, and Machinery for Footwear and Leather Goods, held in Spain, closed with a final figure of over 5 000 visitors

Amazon closes 2023 with strong fourth quarter

Mar 19, 2024 / United States
The Seattle-based online giant ended 2023 on a high note, with a strong fourth quarter that saw significant increases year-on-year in net sales, operating income and net income

Brazilian footwear exports off to a bad start

Mar 18, 2024 / Brazil
In the first two months of 2024, Brazil's footwear exports fell by 31.3% in volume and by 22.8% in value, as compared to the same period last year. More aggressive competition from China worries the industry

Strong performance of Inditex in 2023

Mar 15, 2024 / Spain
The Spain-based fashion group reported a 10.4% year-over-year growth in sales to 35.9 billion euros in 2023, with positive results across all channels and regions. Profits up by 30.3%

Global leather industry to gather at the upcoming APLF 2024

Mar 15, 2024 / Hong Kong
From the 19th to the 21st of March, the world’s leather industry will gather in Hong Kong for the fair’s return home. Eyes will be the much-anticipated attendance from APAC and Chinese buyers

Founder of Under Armour to take on CEO role once again

Mar 15, 2024 / United States
The US-based company has appointed Kevin Plank as President and CEO, effective from the 1st of April. He will succeed Stephanie Linnartz, who has been in the role for just over a year

World Footwear Voices: interview with Berke Içten from TASD

Today we bring you a conversation with Berke Içten, Chairman of the Executive Board of the Footwear Industrialists Association of Türkiye (TASD). Watch the new episode of the World Footwear Voices

Allbirds appoints new CEO amid sales decline

Mar 14, 2024 / United States
The California-based sustainable footwear brand has appointed its current COO, Joe Vernachio, to replace Joey Zwillinger as CEO, amid a slump in sales
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